This year there is an increase in the scope of Section 80E. Till 2008-2009, the interest paid on the education loan taken forĀ graduate and post graduate (PG) programs in engineering, medicine and management, or for PG programs in applied pure sciences (including mathematics and statistics) could be deducted from your taxable income. But from 2009-2010, this facility would be available for all types of courses including vocational studies.